Analyse the role of the manufacturing sector in the economic development of India.
Manufacturing sector is considered as the backbone of development.
- Manufacturing industries help in modernising agriculture.
- It also reduces the heavy dependence of people on agricultural income by providing them jobs in secondary and tertiary sectors.
- Industrial development is a pre-condition for eradication of unemployment and poverty from the country.
- Export of manufactured goods expands trade and commerce and brings much needed foreign exchange.